Is International Association Of Lions Clubs Legit?

The International Association Of Lions Clubs in Gardiner, ME, demonstrates consistent financial health over the past decade, with a notable increase in assets and revenue in recent years. For instance, assets grew from $4,073 in 2019 to $92,269 in 2023, and revenue peaked at $104,022 in 2021. The organization consistently spends less than its revenue, indicating sound financial management and the ability to build reserves. Their liabilities have consistently been reported as $0, which is a strong indicator of financial stability and responsible fiscal practices. The absence of officer compensation further suggests that resources are primarily directed towards the organization's mission rather than administrative overhead related to executive salaries. Spending efficiency appears high, as evidenced by the consistent surplus of revenue over expenses in most recent years. For example, in 2023, revenue was $61,155 while expenses were $46,933, resulting in a significant surplus. This pattern allows for asset growth and future program investment. The lack of reported officer compensation is a key factor contributing to their efficiency, as it minimizes administrative costs. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the overall financial picture suggests a lean operation. Transparency is generally good given the consistent filing of IRS Form 990s. The public availability of these filings allows for scrutiny of their financial activities. The consistent reporting of $0 liabilities and $0 officer compensation across all available filings enhances their transparency by clearly indicating these key financial aspects. However, the NTEE code being 'Unknown' and the absence of a detailed functional expense breakdown in the provided data limit a deeper analysis of their specific program focus and internal spending allocation beyond the top-level revenue and expense figures.